WILLIAM DONALD SCHAEFER, Governor                          H.B. 947

(2) A COPY OF THE ECONOMIC IMPACT ANALYSIS RATING AND THE
ECONOMIC IMPACT ANALYSIS REQUIRED UNDER THIS SUBSECTION SHALL BE
SUBMITTED BY THE GOVERNOR'S OFFICE:

(I)       TO THE GENERAL ASSEMBLY WHEN THE BILL IS INTRODUCED
DEPARTMENT OF FISCAL SERVICES WITHIN A REASONABLE TIME FRAME PRIOR TO
THE HEARING ON THE BILL TO ALLOW THE DEPARTMENT OF FISCAL SERVICES TO
COMMENT ON THE ECONOMIC IMPACT ANALYSIS RATING AND THE ECONOMIC
IMPACT ANALYSIS; AND

(II)     TO THE COMMITTEE TO WHICH THE BILL IS REFERRED PRIOR
TO THE HEARING ON THE BILL.

(C)      (1) BEGINNING WITH THE 1996 REGULAR SESSION OF THE GENERAL
ASSEMBLY, AN ECONOMIC IMPACT ANALYSIS RATING AND AN ECONOMIC IMPACT
ANALYSIS, AS APPROPRIATE, SHALL BE PREPARED BY THE DEPARTMENT OF FISCAL
SERVICES FOR EACH BILL THAT IS INTRODUCED BY A MEMBER OF THE GENERAL
ASSEMBLY BY:

(I) THE DEPARTMENT OF FISCAL SERVICES FOR A BILL THAT WILL
BE ASSIGNED TO A FISCAL COMMITTEE; OR

(II) THE DEPARTMENT OF LEGISLATIVE REFERENCE FOR A BILL
THAT WILL BE ASSIGNED TO A SUBSTANTIVE ISSUE COMMITTEE.

(2) THE LEGISLATIVE AGENCY THAT PREPARED A COPY OF THE
ECONOMIC IMPACT ANALYSIS RATING AND THE ECONOMIC IMPACT ANALYSIS
REQUIRED UNDER THIS SUBSECTION SHALL SUBMIT A COPY OF THE RATING AND
ANALYSIS BE SUBMITTED BY THE DEPARTMENT OF FISCAL SERVICES:

(I)      TO THE PRIMARY SPONSOR OF THE BILL; AND

(II)     TO THE COMMITTEE TO WHICH THE BILL IS REFERRED PRIOR
TO THE HEARING ON THE BILL.

(D)     (1) IF THE APPROPRIATE EXECUTIVE OR LEGISLATIVE AGENCY
BRANCH AGENCY OR THE DEPARTMENT OF FISCAL SERVICES DETERMINES THAT A
BILL WILL HAVE MINIMAL OR NO ECONOMIC IMPACT ON SMALL BUSINESSES, THE
AGENCY OR DEPARTMENT OF FISCAL SERVICES SHALL INDICATE THAT
DETERMINATION BY A BRIEF WRITTEN STATEMENT.

(2)      IF THE APPROPRIATE EXECUTIVE OR LEGISLATIVE AGENCY
BRANCH AGENCY OR THE DEPARTMENT OF FISCAL SERVICES DETERMINES THAT A
BILL WILL HAVE A MEANINGFUL ECONOMIC IMPACT ON SMALL BUSINESSES, THE
AGENCY OR DEPARTMENT OF FISCAL SERVICES SHALL DEVELOP A COMPLETE
WRITTEN ECONOMIC IMPACT ANALYSIS.

(3)      (I) IF THE APPROPRIATE EXECUTIVE OR LEGISLATIVE AGENCY
BRANCH AGENCY OR THE DEPARTMENT OF FISCAL SERVICES DETERMINES THAT A
BILL WILL HAVE A MEANINGFUL ECONOMIC IMPACT ON SMALL BUSINESSES AND IS
UNABLE TO PROVIDE A COMPLETE WRITTEN ECONOMIC IMPACT ANALYSIS, THE

- 3925 -